Business

Developer asks for more time for LA football plan

By Washington Examiner
Published September 30, 2014 4:34am ET
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Developer asks for more time for LA football plan
FILE - In this Oct. 9, 2013, file photo, Los Angeles City Council member Tom LaBonge displays a visual aid showing locations of NFL football teams at City Hall in Los Angeles. Council members voted 14-0 Wednesday for a resolution saying it is in the interests of both the city and the league to bring a team to Los Angeles. Entertainment firm AEG announced Monday, Sept. 29, 2014, they have requested a six-month extension of the company's agreements with the city of Los Angeles to build a professional football stadium near Staples Center so they can continue negotiations with the NFL to secure a team. AEG's agreements with the city are set to expire on Oct. 18. (AP Photo/Nick Ut, File) | Nick Ut

LOS ANGELES (AP) — A developer that proposed building an NFL stadium in downtown Los Angeles asked the mayor and other city officials Monday for more time to lure a professional football team.

Anschutz Entertainment Group’s two-year agreement for the right to replace the city’s convention center with a 76,000-seat stadium and a new $287 million convention center wing hinges on landing an NFL franchise. If that deal expires Oct. 18, the city would take control of redeveloping its outdated convention center.

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